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based in pakistan. these latest bombs have been described as relatively crude and possibly the work of local militants. whoever is behind them makes sure that india's city is still vulnerable. >> for more on today's violence, i spoke with the ambassador who formerly served as u.s. assistant secretary of state for south asian affairs. he is currently at the center for strategic and international studies. i started by asking who he thought could be behind the attacks. >> well, i know one thing, that mumbai, it is a very sad day for mumbai, the fourth attack in the last 10 years. this city has been attacked by terrorists on many occasions, and this is the latest episode. it does not appear to be the same nature of attack that occurred in november of 2008, the suicide bombers that attacked in mumbai, killing 166 people that were tied to the l.e.t., a pakistani-based militant group. this appears to be more sporadic. it does not appear to be the same kind of attack. india has seen these before by a group called north dakota and mehanna hedin. it is an indigenous group. they have done thes
is pakistan rebuilding after devastation? >> one country in the heart of europe appears to be immune to the currency crisis. switzerland's frank is rising high and it has become a haven for investors. how helpful is that in this economy? >> the landscape has attracted tourists for over a century. this year, visitors are counting their pennies. euro slides and the swiss franc rises. foreign tourists find switzerland too expensive. >> [speaking foreign language] >> i am watching the situation with enormous concern. things have gotten or sign the last few months. jobs and businesses are really in danger now and that's really bad for our local economy. >> the swiss franc is at an all- time high against the euro. a new study shows that 1000 hotels across the swiss south are threatened with closure. >> there have been job cuts. each of the hotels have already had to cut back on jobs. we have cut two positions. >> hotel owners are looking anxiously to the government for solutions. so far, in vain. an attempt by the swiss national bank to buy out euros and slow down the rise of the swiss fra
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